Singapore watchdog says Grab-Uber deal hurts competition, proposes fines
https://www.reuters.com/article/us-uber-grab-singapore/singapore-watchdog-says-grab-uber-deal-hurts-competition-proposes-fines-idUSKBN1JV0KV
Singapore's anti-trust body proposed fines on Grab and Uber Technologies and warned it may have to unwind the two ride-hailing firms' merger as the deal substantially lessened competition.
Singapore watchdog says Grab-Uber deal hurts competition, proposes fines
Jul 5, 2018, 8:19am UTC
https://www.reuters.com/article/us-uber-grab-singapore/singapore-watchdog-says-grab-uber-deal-hurts-competition-proposes-fines-idUSKBN1JV0KV
>Singapore's anti-trust body proposed fines on Grab and Uber Technologies and warned it may have to unwind the two ride-hailing firms' merger as the deal substantially lessened competition.